Korean stocks declined sharply as automated ai-driven trading positions reversed, ending a recent bull run. The downturn followed a surge in algorithmic trading activity earlier in the week. Market analysts cited sudden liquidation of ai-based positions as a key factor. The drop impacted major indices including the KOSPI, signaling instability in automated trading flows.
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Asia tech stocks extend sell-off with SoftBank down over 7% as investors sour on AI-linked names
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